The smart money is on Cameron not reshuffling until after the Olympics and opting for a quick yellow for yellow swap if Huhne is forced out, but that hasn’t stopped some intriguing ideas being floated around Tory circles. Firstly there was the hilarious “bigging up” of Sarah Teather, whose civil servants give a very different picture from the one painted in Black Dog:

“Small but perfectly formed Lib Dem Schools Minister Sarah Teather is being tipped by friends of Michael Gove to succeed Chris Huhne as Energy Secretary if he is forced to quit over his speeding offence wrangle. ‘Like most of us, Michael didn’t rate Sarah but he has changed his view after seeing how she sends mandarins twice her size packing,’ said a friend of Gove.”

Whoever Gove’s friend is, he’s a master of reverse psychology. Guido is sure that many tears will be shed if Sarah does move on from Education.

Today’s pipe dream is shifting Vince Cable from BIS over to DECC. There was vicious briefing against the Sage of Twickenham in the Sun today, with unknown Tory Ministers accusing him of stunting growth:

“Cable is obsessed with punishing the bankers — and little else.He has failed to deliver any meaningful strategy to help struggling British companies. Time is running out for us to get this right. We’re doing not nearly enough — and we won’t until Vince gets out of the way.”

Do they really want to put him in charge of growth-choking green-taxes?

With the announcement coming in the morning, in all likelihood it will be Ed Davey or Jeremy Browne laying awake in wonder tonight. There is talk of Norman Lamb and Jo Swinson moving up a rung as a result. Guido doubts we will see the return of David Laws to the Cabinet, but he could well take the vacant Junior Minister slot.